Market Overview
The US labor market recovery is slowing down. The ECB did not make any changes
2023.07.04
Yesterday, the data from the US Labor Department showed that initial jobless claims increased by 51,000 to 419,000 last week, the highest level within the last 2 months.
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Positive quarterly company reports eventually kept indices from further fall
2023.07.04
The US stock market closed in the green zone yesterday due to the flow of corporate revenues of reporting companies, which led to the strengthening of the oil and gas, financial, and technology sector...
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Optimism from investors returned to financial markets, but the situation still remains uncertain
2023.07.04
The US stock indices closed in the green zone yesterday. All three indices increased steadily at the end of the day. The biggest gain was shown by Dow Jones, which increased by 1.62%. The S&P 500 adde...
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Accelerating inflation in the US and rising Delta strain cases continue to weigh on financial markets
2023.07.04
On Friday, the US stock indices finished trading in the red zone amid concerns about accelerating inflation.
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The stock market is setting new records as the dollar index declines and commodity prices rise
2023.07.04
On Monday and Tuesday’s Asian session, the dollar index continued to decline.
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Good corporate reporting season in the US and Europe compensates for the spread of the Delta strain
2023.07.04
Last week on Friday, the University of Michigan released its Consumer Confidence Index. The index decreased from 81.2 to 70.2, indicating growing fears about the dynamics of the economic recovery. As...
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The dollar index decreased after the release of NFP data, but the stock market is growing amid expectations of a stimulus packag
2023.07.04
The latest US labor market data was disappointing, nonfarm payrolls increased just by 49,000 in January, which is below the average growth estimate of 105,000.
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Jerome Powell will remain a head of the Fed for another four years
2023.07.04
The US President Joe Biden supported Jerome Powell for a second four-year term as Chairman of the US Federal Reserve and nominated Lael Brainard as Vice Chairman.
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The stock market and the dollar index continued to rise in anticipation of the NFP data
2023.07.04
On Thursday, the announcement of the results of the meeting of the Bank of England was an important event of the day, which left interest rates at the previous level of 0.1% and the volume of bonds re...
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The stock market continues to set new records. The dollar is falling
2023.07.04
On Tuesday and Wednesday, there is a continuation of the rally in the stock markets. The S&P 500 index reached the level of 3200 in the Asian session, while the credit market remained calm.
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